Do you want to know when the most properties are available to buy on the market? Perhaps you've heard of the "spring selling season" and wondered if it's a real thing. In this podcast episode, we explore the world of seasonality in the Australian property industry and uncover the truth behind some commonly held beliefs.

Tune in to our discussion about the key factors that drive seasonality and explore how they can impact the property industry in your region. Because, like everything in real estate in this country, there are differences depending on where you live.

No matter where you are in Australia, it’s essential to understand seasonality so you can be able to make well-informed decisions about buying and take advantage of being prepared whether in and out of season. If you're a first home buyer seeking property advice about the latest property market trends, today’s discussion is sure to provide valuable insights.

So hit that play button and join us as we debunk the myths and uncover the facts about seasonality in the Australian property market.

Episode Highlights:

00:00 - Is the spring selling season a real thing here in Australia?

02:03 - Meighan’s special house of the week!

03:52 - Is springtime really the best time to buy property?

05:16 - Do more listings in spring mean good or bad?

07:30 - Why waiting for spring could be a potential mistake

09:17 - Smart tip to get you ahead in the property market

11:31 - How seasonal trends work in Aussie property markets

16:04 - Key factors to consider for buying property year-round in diverse Australian regions

25:50 - Tips for outsmarting the property market with seasonality savvy

Resources:

• Visit our website https://www.homebuyeracademy.com.au/
• Learn how to buy property without making a mistake with our 10-step online course for first time home buyers https://homebuyeracademy.com.au/YFHBG
• If you have any questions or would like to be featured on our show, contact us at:
• Your First Home Buyer Guide Podcast - [email protected]


• Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
• Work with Veronica: https://www.veronicamorgan.com.au
• Looking for a Brisbane Buyers Agent? https://www.propertypursuit.com.au/
• Work with Meighan: https://www.linkedin.com/in/meighanwells/

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

• Subscribe on YouTube: https://www.youtube.com/@YourFirstHomeBuyerGuidePodcast
• Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/your-first-home-buyer-guide-podcast/id1544701825
• Subscribe on Spotify: https://open.spotify.com/show/7GyrfXoqvDxjqNRv40NVQs?si=7c8bc4362fab421f

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As a first home buyer, do you feel overwhelmed by the unpredictable property market and its ever-changing conditions? Are you struggling to keep up with the market's constant fluctuations? Don’t worry, you're not alone! You see, the truth is that the property market is never perfectly balanced or normal, and conditions are always changing.

So today, we’d like to talk about this powerful tool that will help you make informed decisions about the price you pay for any property — indexation. Simply put, indexation is a way to adjust your price research according to market conditions. It will help you stay ahead of the game and make smarter pricing decisions.

Join us as we spill the beans on successful pricing strategies that go beyond just crunching the numbers and unlock today’s real estate secret: PRICE LIKE A PRO! It’s one episode you won’t regret, we promise! So click that play button and let’s get into it!

Episode Highlights:

00:00 - The market is booming, the bubble is bursting!

01:54 - Our special house of the week!

03:34 - Why is pricing important when buying a property?

05:25 - Why does pricing property require more than just market knowledge?

07:24 - Why all home buyers should pay attention to indexation

09:03 - Simplifying property pricing to find your starting point

12:10 - The secret behind our accurate property  pricing

15:27 - How to make smart decisions  in a rising market

17:41 - Predicting market trends from your data

20:22 - What you need to know in Sydney’s real estate market

Resources:

• Visit our website https://www.homebuyeracademy.com.au/
• Our 10-step online course for first time home buyers: https://www.homebuyeracademy.com.au/YFHBG

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

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Hey there, first home buyers!  Do you want to unlock the secret to finding unbeatable value in a buyer’s market? Let's face it, buying a property is a BIG deal. So, you definitely don't want to just rush into anything and end up regretting it later. It's a big investment, after all!

In today’s episode, we provide you with unbiased and real information that you can rely on to make sure you buy “value” in real estate property. From understanding the ins and outs of land value to mastering comparative market analysis, we'll discuss all the tools you need to find the best deals and make smart investments.

There's nothing quite as satisfying as scoring an amazing deal and value on your dream home. So don't rush the process - tune in to discover how you can get ahead of the competition and ensure you find your dream property at an amazing price.

Episode Highlights:

00:00 - How to Determine Good Value in Property Buying

05:01 - What does land value mean?

06:55 - Deciphering true land value beyond the Valuer General’s assessment

10:20 - The complexities of valuing character homes in real estate

12:24 - Avoiding the pitfalls of purchasing low-quality properties in search of value

14:51 - Why a buyer’s market may not always mean lower prices

18:39 - The media's role in complicating real estate analysis

20:31 - Tips for ensuring fair value when purchasing a property

Resources:

• Visit our website https://www.homebuyeracademy.com.au/
• Download our Free Mini-Course right here for FREE: https://homebuyeracademy.com.au/freecourse
• Enroll in our 10 Steps Online Course for First-Time Buyers: a 10-module guide to buying your first home without making a mistake.

Be sure to subscribe to our podcast and stay up-to-date with the latest episodes. You won't want to miss out on valuable insights in our comprehensive home-buying guide. Thanks for listening!

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Have you ever felt FOMO, the fear of missing out? It's a common feeling that can impact many areas of our lives, including our property decisions. In this podcast, we'll be discussing how FOMO can affect your decision-making process when it comes to buying your first home, and what you can do to shift your mindset and overcome it.

In addition to that, we'll also explore two other related concepts called FOOP and FONGO. Both of which can have serious implications in your property decisions. In this episode, we share some tips and strategies to help you avoid falling into these traps and become a successful first-time homebuyer.

It’s always our goal to provide you with valuable insights that can help you navigate these fears and make sound decisions. So, if you're looking to buy a home, you won't want to miss this podcast. Tune in now to learn more about FOMO, FOOP, and FONGO and how you can shift your mindset to achieve your homeownership goals.

Episode Highlights:

00:00 - Introduction

02:10 - Meighan’s special house of the week!

02:52 - What is FOMO?

05:06 - How FOMO impacts your property decisions

11:40 - The curious case of FOMO in down markets

13:33 - How to avoid the FOMO trap as a first-time homebuyer

17:01 - Let’s talk about FOOP

18:42 - Tips for shifting your mindset and conquering FOOP

24:13 - What is FONGO?

25:20 - Why you wouldn’t want FONGO to impact your property decisions

Resources:

• Visit our website https://www.homebuyeracademy.com.au/
• Watch our episode on Deconstructing Property Headlines: Property Headlines: Discover What's REALLY Going On

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

See omnystudio.com/listener for privacy information.

Are you a first-time home buyer looking to navigate the world of real estate? In this episode of Your First Home Buyer Guide, we answer the burning questions of some of our listeners.

One of the biggest challenges for first-time home buyers is estimating renovation costs and finding the right contractor. So we provide you with some helpful tips and tricks that will help in overcoming these obstacles and making informed decisions when it comes to renovating your new home. Additionally, we offer guidance on valuing unrenovated homes in renovated areas, which can be particularly useful for those looking to buy in popular neighbourhoods.

For older first-time home buyers, we discuss effective strategies to help you succeed in the real estate market. We also cover topics such as where and what type of property to buy, as well as the importance of building a team of the right professionals to assist you in your first home buying experience.

Tune in to this episode and gain the knowledge you need to make informed decisions when purchasing your first home.

Episode Highlights:

00:00 - Welcome to Your First Home Buyer Guide Podcast!

01:55 - Meighan’s renovation update

05:12 - How to estimate renovation costs and choose the best renovation contractor?

07:55 - AVOID misleading renovation costs by following these two steps

13:31 - Additional tips for people who intend to buy a property

14:45 - Valuation tips for unrenovated homes in a renovated area

21:34 - Effective portfolio-building advice for older first-time home buyers

28:38 - Where should you buy and what property should you buy?

32:17 - Which professionals can assist you in buying your first home?

Resources:

• Visit our website https://www.homebuyeracademy.com.au/
• Download our Free Mini Course right here for FREE: https://homebuyeracademy.com.au/freecourse
• Our “Where to Buy Tutorial” is the step-by-step way to get unstuck if you're worrying about making a huge mistake in buying property
• Click on the link to watch the podcast episode: ”What’s the #1 Trait of a Good Buyer’s Agent?”

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

See omnystudio.com/listener for privacy information.

When browsing your news feed, you're likely to come across headlines that either tout skyrocketing property prices or plummeting values.

With the abundance of information available online, it can be difficult to determine the reliability of a property headline.

In this episode, Veronica Morgan and Meighan Wells unravel the truth behind these headlines and help you evaluate them critically. Delving into the accuracy of property news, they emphasise the importance of verifying information through multiple sources and more!

Tune in to this episode for a deep dive into the world of property news and insights.

Episode Highlights:

• Welcome [0:08]

• How property headlines can vary depending on the source [1:57]

• How do you tell what you're reading from what you see? [4:35]

• Why don't you freak out when prices rise or fall? [7:21]

• How much growth has happened since the last dip? [10:41]

• What other property specialists do, whereas others regurgitate [14:17]

• Some of the worst-case scenarios for the property market. [17:38]

• Distribution of prices during the reporting period [23:36]
• The media's agenda is to get us to click on articles [28:19]

Resources:

• Visit our website https://www.homebuyeracademy.com.au/ 

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

See you on the inside,

Veronica & Meighan

See omnystudio.com/listener for privacy information.

Are you ready to take the leap into homeownership but feeling overwhelmed by the real estate industry's lingo? Don't worry, you're not alone. 

Buying a home is an exciting journey, but it can also be intimidating, especially for first-time buyers. Property professionals often use terms and phrases that are unfamiliar to the average person, which can leave you feeling confused and unsure of what you're getting into

Join Veronica Morgan and Meighan Wells in the third and final episode of the "Real Estate Jargon" series, where they share their extensive experiences and insightful stories about avoidable mistakes.

You can rely on it to get where you want to be without missing a step. 

Get ready to immerse yourself in another exciting round of discovery!

Episode Highlights:

• Welcome [00:00]

• What is an off-plan agreement? [2:38]

• What’s a private sale? [5:58]
• What is a qualified acceptance? [10:30]

• What is a seller’s market? [14:53]

• What is a survey and a subdivision? [21:04]

• What is a joint tenancy? [24:04]
• The difference between an appraisal, market value and a valuation? [31:02]

Resources:

• Visit our website https://www.homebuyeracademy.com.au/ 

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

See you on the inside,

Veronica & Meighan

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When you understand common terminology and industry jargon, it will be so much easier to understand what agents and other professionals are saying!.

This is the second of a three part series, The A-Z of Understanding Property Jargon. In this episode Meighan and Veronica will walk us through everything you need to know from "E-N".

If you have ever heard lingo being thrown around and not quite sure what it means?. Or if you want to gain a deeper understanding of all things property to help you during your purchase... then this is the episode for you!

Episode Highlights:

• What Is An Encumbrance? [03:33]
• First Right Of Refusal? Is it a right or a courtesy? [07:22]
• What Is Freehold Hand and Fee Simple? [09:42]
• How Much You Borrow vs How Much You Are Putting In? [12:54]
• Home Inspection [16:32]
• The Jurisdiction you’re in makes all the difference [19:19]
• Lender’s Mortgage Insurance doesn’t cover you [22:11]
• Mortgage: A Legal Document or a Debt? [26:24]

Resources:

Visit our website https://www.homebuyeracademy.com.au/ 

See omnystudio.com/listener for privacy information.

If you’re not familiar with real estate or property buying jargon, it's easy to get confused by the terminology buyers' agents or real estate agents use. It will serve you well to know these terms. To understand what they are explaining and spot funny business if they are trying to pull the wool over your eyes. 

This will be the first of a three part series, The A-Z of Understanding Property Jargon. In this episode Meighan and Veronica will walk us through everything you need to know from "A-D".

If you have ever heard lingo being thrown around and not quite sure what it means?. Or if you want to gain a deeper understanding of all things property to help you during your purchase... then this is the episode for you!

Mentioned in the episode:

• Episode 98 - https://homebuyeracademy.com.au/podcasts/098 

Episode Highlights:

• Introduction to Home Buyer Academy Podcast [00:08]
• Every State Is Different [02:52]
• What Is An Offer And Acceptance? [03:30]
• If Your Property Is Appreciating, It’s A Good Thing [04:57]
• It’s Important That A New Property Complies With The Codes [10:24]
• Certain Circumstances When You Need Pay Taxes [1652]
• Fixed Proportion Of A Sale Price [24:30]
• Finance Approval Clause [28:51]
• Decline In The Value Of The Property [28:51]
• Property Depreciation [33:08]

Resources:

• Visit our website https://www.homebuyeracademy.com.au/ 

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

See you on the inside,

Veronica & Meighan

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Today, we're talking about how scarily easy it is to lose money to scammers. This has been a very interesting topic. Especially when you’re in business or property management. These scammers will always make a way to take advantage of a situation.

Joining us today is Sarah Megginson, head of editorial at Finder and writes about all things money and property. As a Finance Journalist, Sarah shares her experience on how she got scammed. These scammers are really sophisticated and do everything to make it seem legit.

Tune in to the episode to know how to avoid getting scammed and know the red flags when these scammers try to attack you. 

See you in the episode!

About our guest:

Sarah Megginson is the Head of Editorial at Finder, an Author, Editor Journalist and Ghost Writer with more than 17 years experience. She has ghost-written or edited 25+ best-selling non-fiction books with a number of high-profile Australians, and as a journalist, she specializes in Business, Finance and Property Writing.

Link to Sarah’s website:

https://www.sarahmegginson.com/

Episode Highlights:

• 00:00 Companies That Got Scammed
• 00:32 Welcome To Your First Home Buyer Property Podcast
• 00:38 Megan and Veronica's Introduction
• 02:47 Introduction To Sarah Megginson
• 03:18 Sarah Shares Her Story About How She Got Scammed
• 06:30 Scammers Target Anyone Regardless Of Age
• 08:28 Why Some People Just Don't Report It
• 13:51 Setting Up Extra Security Measure On Your Devices
• 16:18 What's More And More Sophisticated About Online Scams
• 19:50 How Do You Know If You're Being Scammed?
• 26:34 What Are Some Of The Things That Are Particularly Insidious And Related To Property
• 34:23 Are You Going To Sell Your Data To Somebody Else?
• 40:04 What Is One Thing You Wish You Know As A First-Time Buyer?

Resources:

• Visit our website https://www.homebuyeracademy.com.au/ 
• ScamWatch: https://www.scamwatch.gov.au/

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

See omnystudio.com/listener for privacy information.